Bougainville Copper Limited (BOC) - Company Capsule
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Bougainville Copper Limited (BCL), a subsidiary of Rio Tinto Limited, is a mining and mineral exploration company. The company acquires, explores, and develops copper concentrates, gold, and silver deposit properties in Papua New Guinea. Its Panguna on Bougainville Island project located in the North Solomons Province of Papua New Guinea produces copper, gold, and silver deposits. BCL's projects is a open pit mine and processing facility of which 53.58% is owned by Rio Tinto Limited, 19.06% by the Papua New Guinea Government and the remaining 27.36% by public shareholders. The company has operations in Papua New Guinea and Australia. BCL is headquartered in Port Moresby, Papua New Guinea.